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Operations Forecasting
Purpose of Assignment
The purpose of this assignment is for students to learn how to apply operations forecasting.
Assignment Steps
Select a business operations data set from the internet or other sources which can be used for forecasting.
Develop a minimum of three quantitative forecasts using Microsoft®Excel®.
o Compare and contrast each quantitative forecast you develop.
o Choose the one forecast you determine would be the best for the firm and be prepared to explain why you chose this.
o Evaluate the impact this forecast would have on the firm from a financial metrics standpoint.
Develop a report in which you describe your forecasting project including details on all the assignment steps.
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